Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver?
The Atlantis Report:
Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver ?!
Jan 29, 2021
A decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The WallStreetBets a longstanding subreddit channel where over 4 million users discuss highly speculative trading ideas and strategies, briefly went private on Wednesday in response to millions of new users pouring in.
The Reddit subgroup is operating now by invitation only. WallStreetBets crushes hedge funds and crashes trading apps by creating major short squeezes.
A short squeeze happens when a price increase for an asset prompts a rush in buying activity by those who previously bet that prices would fall.
A short squeeze might sound complicated, but it’s actually a relatively straightforward process. When institutional investors short-sell a stock, what they actually do is borrow a number of shares they believe will drop in value, sell them at the highest price possible and try to buy them back later at a lower price.
If they’re successful, they hand the initial borrowed amount back and pocket the difference. If the market turns against them however, and the price of the shares increase, they are forced to buy the shares back at a loss.
If the price rises dramatically within a short space of time, it can cause devastating losses for the short-seller.
Major hedge funds have already lost around 7 billion dollars to WallStreetBets day traders short squeezes. WallStreetBets traders are not stopping here; they are now turning to silver for their next short-squeeze target after being restricted from hot stocks like GameStop and AMC.
Silver has become a new target for Reddit day traders after multiple posts on the infamous WallStreetBets subreddit .
For the full transcript go to https://financearmageddon.blogspot.com
KTFA:
Clare: Iraq faces economic pressures... US tariffs could be the beginning of upcoming challenges.
4/6/2025
Economic expert Salah Nouri confirmed on Saturday that the government may be forced to revise its general budget estimates in light of emerging economic challenges, particularly with shifts in oil revenues and remittances from the US.
Nouri told Al Furat News Agency that "Iraq will not be directly affected by the new US customs duties on oil exports, as Iraqi oil exports to the United States are not included in these duties."
Iraq Takes Steps To Protect Its Economy From Trump's Tariffs
Economy | 09:47 - 04/05/2025 Mawazine News – Baghdad The Office Of Prime Minister Mohammed Shia al-Sudani issued several directives on Saturday to protect the country's economy following the tariffs imposed by US President Donald Trump on a large number of countries.
A statement from his office received by Mawazine News stated that "Al-Sudani chaired a meeting today, Saturday, dedicated to examining the economic and commercial impacts of the US government's decision to increase customs tariffs on their imports of goods from countries around the world, and the repercussions of this step on the global economy as a whole, on crude oil prices, and the extent to which the Iraqi economy will be affected in this regard."
Good morning Dinar Recaps,
HOUSE ADVANCES STABLECOIN TRANSPARENCY AND ACCOUNTABILITY
The House Financial Services Committee voted on Wednesday to advance the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, also known as the STABLE Act. The legislation received overwhelming support, with a vote tally of 32 in favor and 17 opposed.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 6 April 2025
Compiled Sun. 6 April 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Thurs. 3 April 2025: EBS Activation (allegedly) complete. Worldwide Black Swan. …Steve Bannon on Telegram.
TNT:
Tishwash: Iraq awaits a trade delegation from the United States. These issues will be raised at the meeting.
Iraq awaits the visit of a high-level US trade delegation comprising representatives from the US Department of Commerce and a number of major US companies operating across various economic sectors, as part of efforts to strengthen economic and trade relations between the two countries.
The Prime Minister's Advisor for Foreign Relations, Farhad Ala'aldin, indicated that a high-level trade delegation from the United States will visit Iraq this week to strengthen economic and trade relations between the two countries.
No Gold At Fort Knox? Exposing The Shocking Truth!
As Good as Gold Australia: 4-5-2025
In this exclusive interview, Darryl and Brian Panes from As Good As Gold Australia sit down with the Robin Hood of Wall Street, Greg Mannarino, to discuss key financial trends and what they mean for investors in 2025.
With gold prices soaring by 18% in just the first three months of 2025, we dive deep into the historical data, exploring the years when gold prices spiked by over 30%. Can we expect similar growth this year?
KTFA:
Clare: The Iranian rial falls to a new record low against the dollar.
4/5/2025
The Iranian rial hit a record low against the dollar, trading at 1,043,000, as tensions between Washington and Tehran escalate.
This decline occurred during the Persian New Year, Nowruz, when currency exchanges closed and transactions were limited to informal street trading, placing additional pressure on the market.
95 Trillion Dinars Are Held Outside The Banking System. What Is Their Impact On The Economy?
Banks Economy News – Baghdad Prime Minister's advisor, Mazhar Mohammed Saleh, confirmed on Saturday that the widespread use of digital payment systems allows citizens to borrow at lower costs, noting that 95 percent of the country's 109 trillion dinars are held outside the banking system.
"The positive steps towards activating e-commerce are aligned with the government's and the Central Bank's efforts to integrate hoarded funds (cash leakage) into the banking system, which will contribute to strengthening the national economy and achieving financial stability," said Mazhar Mohammed Saleh, an advisor to the Prime Minister.
Good Afternoon Dinar Recaps,
ILLINOIS LAWMAKER’S CRYPTO BILL AIMS TO TIGHTEN REGULATIONS AND ADDRESS FRAUD
The Illinois Senate has advanced a bill to establish comprehensive regulations for crypto businesses operating in the state and address concerns about digital assets-related fraud cases, which saw over $160 million in losses in 2023.
Europe Just Slammed the US With Full-Scale Tariff Strike — Crippling Blow to the US Economy
Tech Revolution: 4-6-2025
Have you felt it? That sense that big changes might be coming in how countries trade with each other?
Well, buckle up, because Europe is sending a major signal across the Atlantic Ocean, straight to the United States. The message? If new trade taxes – called tariffs – are coming from America, Europe is getting ready to push back. Hard.
Maybe you remember a few years back? Things got tense. The US put extra taxes on things like steel and aluminum coming from Europe. Europe hit back, taxing famous American products like bourbon and motorcycles.